Clipped from: https://www.business-standard.com/article/opinion/start-ups-does-one-participate-121090601431_1.html The sky-high valuations are worrying, but can investors just ignore these companies? The Indian start-up scene is incredibly vibrant. Every week we hear
Category: MSME-Startup
Account Aggregator: A new digital revolution in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-new-digital-revolution-in-india/articleshow/85955574.cmsSynopsis An Account Aggregator can, with the enterprise’s consent, furnish the data seamlessly to multiple banks to apply for a loan, accept the best
Reimagining credit for MSME borrowers – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/reimagining-credit-for-msme-borrowers/2324422/ The question of “Am I creditworthy?” is changing to “Who can understand my creditworthiness?” This technology-driven transition is visible in every step of
PLI Schemes: Chinese firms to be let in; MeitY assures industry that supply chains won’t be disrupted, other ministries to follow suit – The Financial Express
Clipped from: https://www.financialexpress.com/industry/pli-schemes-chinese-firms-to-be-let-in-meity-assures-industry-that-supply-chains-wont-be-disrupted-other-ministries-to-follow-suit/2324472/ Though the assurance has been given by the ministry of electronics and IT to the hardware industry executives, who had made a representation
Loan delinquencies materially increased in SME, retail segments; NPLs may jump 50% in 2 years: Moody’s – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-loan-delinquencies-materially-increased-in-sme-retail-segments-npls-may-jump-50-in-2-years-moodys/2318358/ Credit and Finance for MSMEs: The retail and SME NPL ratio has increased at most banks rated by Moody’s. This included Punjab National
Foreign trade policy 2021-26- Can new FTP refuel India’s stagnant exports? – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/foreign-trade-policy-2021-26-can-new-ftp-refuel-indias-stagnant-exports-305852-2021-09-03 The uncertainties pertaining to Remission of Duties and Taxes on Export Products (RoDTEP) rates had put the exporters in a peculiar position It
Across the Aisle: No thanks to the government, writes P Chidambaram – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-no-thanks-to-the-government-writes-p-chidambaram/2324041/ Nevertheless, we must welcome the growth of 20.1 per cent because it shows what a country and its people can achieve notwithstanding an
Ease of Doing Business? From incorporation to listing, how regulatory burden is stifling MSME development – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-ease-of-doing-business-from-incorporation-to-listing-how-regulatory-burden-is-stifling-msme-development/2322244/ Ease of Doing Business for MSMEs: While the number of MSMEs has almost doubled since the previous MSME census, the share of micro-units
PLI scheme for the steel sector: a shot in the arm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pli-scheme-for-the-steel-sector-a-shot-in-the-arm/article36267546.ece Interested industry players have an opportunity to seek coverage or an increase in incentive percentage under the Scheme India Inc. is increasingly recognised
PLI playbook good, but Make in India needs more – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/pli-playbook-good-but-make-in-india-needs-more/2322953/ High-tech manufacturing strategy should be rolled out; govt must weigh the benefits of the PLI against the outlays For an additional investment of
Manish Sabharwal and TV Mohandas Pai write: From legs to minds
Clipped from: https://indianexpress.com/article/opinion/columns/india-entrepreneurs-business-economy-7485550/ Manish Sabharwal and TV Mohandas Pai write: Regulatory simplicity allowed Indian industries built on minds — software services and start-up ecosystem — to
Indian trio reap $500 million each selling payments startup – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/indian-trio-reap-500-million-each-selling-payments-startup/articleshow/85863132.cmsSynopsis In an age where every funding round is touted in press statements and staff parties, Prosus-owned PayU found itself having to take complete
Loan-carnival push may yield little: Overall business sentiment needs to improve for credit-growth to regain its mojo – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/loan-carnival-push-may-yield-little-overall-business-sentiment-needs-to-improve-for-credit-growth-to-regain-its-mojo/2319975/ The de-growth was contained as a result of the medium industries segment registering a sharp growth of 54.6% in June 2021. Loans to
POS player for SMEs Mswipe eyes 3X growth in merchant count by 2024 target of acquiring NBFC license – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-pos-player-for-smes-mswipe-eyes-3x-growth-in-merchant-count-by-2024-target-of-acquiring-nbfc-license/2322173/ Ease of Doing Business for MSMEs: “There are banks that are consumer-focused, or large enterprise-focused but no bank largely focuses on SMEs at
Micro-smart loan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-tech/micro-smart-loan/article35923928.ece?homepage=true No matter how desirable financial inclusion is, banks are not going to lend to small-ticket, first-time borrowers because there is no way to
P2P lending is for those with a high risk appetite, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/p2p-lending-is-for-those-with-a-high-risk-appetite-say-analysts-121083001188_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Limit lending amount and diversify among borrowers P2P platforms enable lenders to earn a higher rate of interest. Two prominent fintech players recently
msme: MSME can be foundation for bigger industries: Jitendra Singh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msme-can-be-foundation-for-bigger-industries-jitendra-singh/articleshow/85477195.cmsSynopsis With low investment requirements, operational flexibility, and the capacity to develop appropriate indigenous technology, small and medium enterprises have the power to propel
facebook: Facebook India launches ‘Small Business Loans Initiative’ for SMBs across 200 cities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/facebook-india-launches-small-business-loans-initiative-for-smbs-across-200-cities/articleshow/85483138.cmsSynopsis In the last one year, Facebook has taken numerous steps to support the economic recovery of small businesses. Social media giant Facebook India on Friday
FM Nirmala Sitharaman launches new fund for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/fm-nirmala-sitharaman-launches-new-fund-for-msmes/articleshow/85521867.cmsSynopsis The fund, co-sponsored by Exim Bank and Sidbi, was formed as per a 2020 union budget announcement but its launch was delayed due
Public sector banks report sharp slippages in MSME loans in Q1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/public-sector-banks-report-sharp-slippages-in-msme-loans-in-q1/article35879696.ece?homepage=true Covid-19 appears to have impacted small businesses, curtailing their repayment ability In a visible sign of stress in the MSME portfolio, public sector